January 22, 2008; 07:13 AM
CORONA, Calif., Jan. 22 /PRNewswire/ -- As 2008 kicks into high gear, a blockbuster group of geo-targeted financial websites has hit the marketplace and is being offered exclusively for sale by California entrepreneur Sai Pola. The offered package includes NewYorkLoans.com, FloridaLoans.com, TexasLoans.com, SeattleLoans.com, BaltimoreLoans.com, AtlantaLoans.com and over 800 top US cities and 48 of the state "loan" websites. Most of the domains offered for sale have been registered for at least a decade and the asking price of $3.5 million amounts to about $4,000 per domain, far less than comparable domain sales completed in 2007.
Geo-domains, with their local focus, have skyrocketed in value in recent years and financial domain names have always been among the most prized URLs given the premium pricing associated with loan leads. "Neither states, nor cities, are likely to change their names anytime soon, and the market for loans - personal loans, auto loans, home loans, student loans and small business loans - remains strong," said Pola.
"Major banks spend millions annually to attract new customers, shelling out $10-$25 per lead. In fact, they spend $3-$5 million just to open a new branch on the street with a very limited and tiny market reach," he added. "The new owner of these 865 websites will instantly win a huge segment of the loan marketplace without having to constantly shell out dollars for fresh prospects. These websites attract hundreds of thousands of natural type-in visitors without having to spend any money on advertising."
The value of domains has increased steadily since 1999 when Bank of America acquired the rights to Loans.com. Since then, domains have gained popularity as lucrative investment vehicles with extensive profiles in Business Week, Business 2.0, USA Today and other business publications. Other publicly reported financial domain name sales include: Savings.com for $1.9 million (2000); CreditCards.com for $2.75 million (2004); and CreditCheck.com for $3 million (2007).
For the complete list of websites and top-quality domain names being offered, or to submit a confidential offer on this premium package, please contact Sai Pola at +1-971-226-4577 or via email at [email protected].
Source: www.prnewswire.com
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